Staff Reporter
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/ 7 November 2007

Land Bank audit report goes to prosecutors

A forensic audit report into the financial management of the Land Bank is to be referred to the National Directorate of Public Prosecutions for ”further investigation”, the Land Affairs Ministry said on Wednesday. This was among recommendations made by the Cabinet after consideration of the report, it said in a statement.

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/ 7 November 2007

Court to hear Motata recordings

Audio recordings of Pretoria High Court Judge Nkola Motata’s alleged drunken ranting following a car accident earlier this year will be heard in court in a bid to determine if they are reliable enough to be submitted as evidence, the Johannesburg Magistrate’s Court ruled on Wednesday.

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/ 7 November 2007

Three suspected armed robbers apprehended

Three men were arrested in Johannesburg on Wednesday in connection with an attempted armed robbery. ”The suspects were arrested in Braamfontein and they fit the description of the suspects that were spotted at Pick ‘n Pay in Jorissen Street while fleeing from the police,” said Superintendent Lungelo Dlamini.

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/ 7 November 2007

Hawkers don’t want to be marginalised for 2010

Hawkers, often the breadwinners of their families, should not be marginalised in the run-up to the 2010 Soccer World Cup, a colloquium on the international soccer spectacle heard in Johannesburg on Wednesday. Stadiums under construction are often far from amenities and hawkers are providing much-needed services to construction workers.

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/ 7 November 2007

Investing and retiring

<b>Virgin investor Mpho asks:</b>
I am a first-time investor and I’m interested in investing in the Satrix. I read their brochure, but I haven’t yet grasped the whole concept of investing in the Satrix. Is it a good investment product? Are the returns good short-term and long-term?